Update on MarinaMarina is from Novaya Kahovka. She has been in business for 19 years. She rents retail space from the administration of the local shopping center where she sells good quality womenswear.
Marina wants to buy autumn clothing to sell, specifically shirts, sweaters, skirts, and pants, but she does not have the money to do so. For this reason, she has come to Kiva for a loan in the amount of 4,000 Ukrainian Hryvnia.
Марина планирует закупить осеннюю одежду под реализацию, а именно кофты, свитера, юбки и брюки, но ей не хватает собственных средств. Именно поэтому она обратилась в КИВА за финансовой помощью суммой в 4 000 гривен.
Previous Loan DetailsMarina has been involved in selling women's clothing for 19 years. She leases a space at a shopping center. Marina provides her customers with quality and popular merchandise. She is requesting a loan in the amount of 4000 hryvnia to purchase autumn clothing, such as t-shirts, shirts, skirts,… More from Marina's previous loan »
About HOPE UkraineHOPE International, a Christian faith-based non-profit organization, has been operating in Ukraine since 1997. HOPE Ukraine was the organization’s first international venture. In addition to its core microfinance activities, HOPE also supports an active children's ministry in Ukraine in the form of “Tomorrow Clubs,” after-school programs that teach children the gospel through games, skits and songs.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid